Coca-Cola reports 6% growth in Q2 revenues with a boost from Costa coffee

USA – The Coca-Cola Company has reported strong operating results in the second quarter of 2019, highlighting 6% growth in net revenues to US$10 billion. The company attributed the revenue growth to concentrate sales growth […]

Delta Corporation reports subdued performance as lager sales slip 57%

ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage manufacturer, reported a decline in its performance for the first quarter ended 30 June 2019 on the back of declining sales. The company saw its lager beer volumes […]

Coca-Cola in talks to buy stake in India’s coffee chain Café Coffee Day

INDIA – The global soft drinks giant, The Coca-Cola Company has entered into exclusive talks to acquire an unknown stake in India’s leading coffee chain, Café Coffee Day (CCD). According to an Economic Times report, […]

Coca-Cola to use 100% recycled plastic for its three bottled brands

EUROPE – The Coca-Cola Company and the Coca-Cola European Partners (CCEP) have announced that its Honest, GLACÉAU Smartwater and Chaudfontaine brands will be sold in bottles made from 100% recycled plastic (rPET) by the end […]

Coca-Cola launches solar power system in Namibia to strengthen green energy sourcing

NAMIBIA – Coca-Cola Namibia Bottling Company (CCNBC), subsidiary of Coca-Cola Beverages Africa (CCBA) has installed 1740 solar panels and nine solar inverters in its facility as part of its ambitions to explore green energy sourcing. […]

Coca-Cola halts plans to refranchise African bottling unit, retains majority stake

SOUTH AFRICA – Multinational beverage giant, The Coca-Cola Company, has unveiled that it would retain its majority stake in South African-based Coca-Cola Beverages Africa (CCBA) as talks to find a bottling partner(s) could not be […]

Coca-Cola Kenya to sell Nairobi regional headquarters facility for US$10m

KENYA – Soft drinks manufacturer, Coca-Cola has said that it is seeking to sell or rent its Nairobi Upperhill facility at a cost of US$10.05 million (1.03 billion Kenya shillings) in line with the company’s […]